Cost Control System (CCS)

Course details

Cost control system is important part of project management, without it, will be difficult to monitor the ex ante and ex-post transactions of projects management. This approach focuses on the practical experience in constructionwork rather than the theory side of project management. Put another way, it enhances and raise the capability of construction staff to deal with controlling and monitoring the project performance in terms of cost, resources and time.Cost control system is important part of project management, without it, will be difficult to monitor the ex ante and ex-post transactions of projects management.

This approach focuses on the practical experience in construction work rather than the theory side of project management. Put another way, it enhances and raise the capability of construction staff to deal with controlling and monitoring the project performance in terms of cost, resources and time.

CERTIFICATION ISSUED BY:

Chartered Institute for Accountants & Auditor (CIAA - USA) CIAA USA is an accreditation body that is recognized internationally with areas of practice, including accounting, auditing, finance, and consulting.

MEMBERSHIP BY:

HIGH AUTHORITY COUNCIL FOR CHARTERED ACCOUNTANTS (HACCA) HACCA is a world leading professional membership organisation that promotes, develops and supports chartered accountants worldwide. We provide qualifications and professional development, share our knowledge, insight and technical expertise, and protect the quality and integrity of the accountancy and finance profession.

LEARNING OBJECTIVES:

• Understanding cost control function
• The interrelation of planning function cycle, estimating function cycle and operational function cycle
• Control procedures relationship with functions cycle
• Ability to comprehend the cost control system
• Understanding the work mechanism of cost control system and the parties involved in this function.

ELIGIBILITY:

• MBA Finance holders
• B.Com Graduate and M.Com
• Minimum 15 years of education
• Qualifications required to sit for CCS Exam vary between state boards of accountancy.

CCS PARTS:

• Planning
• Estimating
• Operational Cost Control System